UBS analyst Mauricio Serna maintains $Abercrombie & Fitch (ANF.US)$ with a hold rating, and adjusts the target price from $170 to $173.
According to TipRanks data, the analyst has a success rate of 36.6% and a total average return of 1.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Abercrombie & Fitch (ANF.US)$'s main analysts recently are as follows:
Abercombie & Fitch's third quarter report highlighted effective execution amidst a competitive retail scenario, suggesting that the company's strategies are poised to promote sustained sales and earnings growth. However, post a 70% year-on-year growth in FY24, earnings growth is expected to decelerate to a mid-single digit rate. The potential for significant outperformance in stock price and P/E expansion is likely constrained in the near-term due to a slowdown in the Abercrombie brand accompanied by ongoing cost challenges.
Abercrombie & Fitch delivered 'yet another beat & raise' with strong fundamentals, though the stock declined by 5%. This movement is thought to reflect growing investor concerns about potential sales and margin reversions. Despite continued momentum, this issue may keep the stock range-bound.
Note:
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